Tag: Interest Rate

  • What if I Wait a Year to Be a Home-buyer?

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    by

    Ben
    in ,

    National home-values have increased by 5.4% since this time last year. Over that same time period, interest rates have remained near historic lows which has allowed many home buyer to enter into the market and lock in low rates. As a seller, you will likely be most concerned about ‘short-term price’ – where home-values are headed over the next six months.…

  • The COST of Your Home Will Be LESS Than Your Parents’ Home Was

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    by

    Ben
    in

    There is no doubt that the price of a home in most regions of the country is greater now than at any time in history. However, when we look at the cost of a home, it is cheaper to own today than it has been historically. The Difference Between PRICE and COST The price of a home is the dollar…

  • 40% of Americans Lose Incentive to Refinance

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    by

    Ben
    in

    Does it make sense to refinance as interest rates rise? 1.4 million borrowers have lost the interest rate incentive to refinance, but there are still a few good reasons to consider refinancing even as rates are rising. 30-year fixed interest rates are up nearly a half a percentage point since January. So far, the rise…